Home Saver Account + Everyday Edge Account Bundle
Why Switch to Everyday Edge?
While you will need to make Everyday Edge your main transaction account in order to qualify for bonus interest on your savings, there are plenty of other good reasons to make the switch…
- $0 monthly account fee
- Unlimited fee-free transactions
- Save on international card transaction & ATM fees+
- Tap and pay with your smart device using Google Pay™, Apple Pay or Samsung Pay.>
- Visa Debit card
base rate
Why bundle your Home Saver and Everyday Edge Accounts?
- You must be aged 18 or over
- You must be an Australian resident
- An email address and a mobile number
- One form of ID such as your driver’s licence, passport or Medicare card
- Your existing customer number
- Access to Great Southern Bank Online Banking
Frequently asked questions
To qualify for bonus interest on your Home Saver account, you must pair it with a Great Southern Bank Everyday Edge Account.
All the information you need to open an Everyday Edge Account can be found here.
You can switch to an Everyday Edge Account easily via Online Banking. If you are not registered for Online Banking, all the information you need is on this page.
You can earn bonus interest on your Home Saver Account balances up to $100,000 (the proportion of your account balance over $100,000 will earn the base rate of interest). We determine whether you're eligible for bonus interest by looking at the deposits made into your Everyday Edge Account/s during the month. Each month a total of $2,000 (or more) needs to be deposited via electronic transfer from a non-Great Southern Bank account into your Everyday Edge Account/s.
This can be either:
- A single deposit of $2,000 (or more); or
- A number of deposits made during the month that equal or exceed $2,000.
Please note that deposits can be made to multiple Everyday Edge Accounts to qualify, just as long as they total $2,000 or more per month.
Also, please be aware that internal transfers from other Great Southern Bank accounts, telegraphic transfers and cash deposits do not qualify towards earning bonus interest.
Additionally, at least five Visa Debit card purchases must be made from your Everyday Edge Account each month in order to qualify for bonus interest.
We have a limit of one Home Saver Account per customer.
Yes, you can. The Home Saver Account is flexible, allowing you to take out money when you need it without losing your bonus interest. The bonus interest is based on deposits made into your Everyday Edge Account.
You can have a Home Saver Account in one name or in joint names. Keep in mind that each customer can only be an account owner for one Home Saver Account, as either a primary or a secondary account holder. Please note, to ensure you get the most out of your savings, any Everyday Edge account in your name will be used to determine bonus interest eligibility. This means that if you hold an Everyday Edge account in just your name and have a joint Home Saver, the deposits and transactions made on the solely owned Edge account will still count towards the bonus interest criteria on the joint Home Saver. This will work the same for a joint Edge and solely owned Home Saver account.
Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply.
This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms and Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.
Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.
* Rates current as at 05 November 2024. Rates and bonus interest criteria are subject to change.
Interest is calculated daily and paid monthly. The base rate of interest is payable on the whole balance held in your Home Saver Account. Bonus interest is applied on top of the base rate on balances up to $100,000 in a calendar month if, prior to the last day of that calendar month:
A. You receive deposits totalling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-GSB account into your Everyday Edge Account/s; and
B. At least 5 Visa Debit card purchases have been processed from your Everyday Edge Account/s and are not in pending status (excludes ATM withdrawals, eftpos cash out, balance enquiries and Bank@Post transactions).
^ The Everyday Edge Account does not earn interest.
+ A fee rebate will be applied to your Everyday Edge Account on the first day of the next calendar month for all Great Southern Bank Visa Debit International Transaction Fees and Great Southern Bank Overseas ATM Cash Withdrawal Fees debited during the current calendar month if, prior to the last day of that calendar month:
A. You receive deposits totalling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank account into your Everyday Edge Account; and
B. At least 5 Visa Debit card purchases have been processed from your Everyday Edge Account and are not in pending status (excludes ATM withdrawals, eftpos cash out, balance enquiries and Bank@Post transactions). International non-Great Southern Bank fees may apply. Excludes eftpos Debit Card international transaction fees.
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